Tag Archives: #LionOneMetals

Lion One Encounters Deep and Shallow High-Grade Gold Mineralization at Tuvatu

“The high-grade intercept of 3.47m grading 20.71 g/t Au encountered in hole TUDDH514 is fully 100m vertically below and 7m along strike from our high-grade intercept in hole TUDDH500 and its wedge holes,” commented Dr. Quinton Hennigh, technical advisor to Lion One. “This is a big step-out and gives us high confidence we have discovered a significant root structure below the Tuvatu lode system. In addition, this hole encountered a somewhat shallower high-grade intercept of 2.24m grading 13.31 g/t Au on a second deep-rooted lode. For a system that hosts approximately 2,500-3,000 oz of resource per vertical meter, seeing these deep holes deliver such high-grade intercepts well-below the existing resource is encouraging. We are quite keen to see what wedge hole, TUDDH514w1, and our other deep hole, TUDDH517, deliver as they further test these deep high-grade lodes. Soon, we will see arrival of our underground drill rigs, further allowing us to ramp up the pace of exploration. This is shaping up to be a very busy year at Tuvatu.”

For further information
Contact Investor Relations
Hamish Greig 604-973-3008
Joe Gray 604-973-3004
Toll Free (North America) Tel: 1-855-805-1250
Email: info@liononemetals.com
Web: www.liononemetals.com

 

Lion One Announces Listing of Warrants

About Lion One Metals Limited
Lion One’s flagship asset is 100% owned, fully permitted high grade Tuvatu Alkaline Gold Project, located on the island of Viti Levu in Fiji. Lion One envisions a low-cost high-grade underground gold mining operation at Tuvatu coupled with exciting exploration upside inside its tenements covering the entire Navilawa Caldera, an underexplored yet highly prospective 7km diameter alkaline gold system. Lion One’s CEO Walter Berukoff leads an experienced team of explorers and mine builders and has owned or operated over 20 mines in 7 countries.  As the founder and former CEO of Miramar Mines, Northern Orion, and La Mancha Resources, Walter is credited with building over $3 billion of value for shareholders.

For further information Leo Karabelas
Contact Investor Relations Focus Communications Inc.
Toll Free (North America) Tel: 1-855-805-1250 or 416-543-3120
Email: info@liononemetals.com or info@fcir.ca
Website: www.liononemetals.com or www.focusir.ca

Lion One Expands Navilawa Alkaline Gold System

Lion One Metals 

(TSX.V: LIO | OTCQX: LOMLF)

“A few weeks ago, we told the mining investment community our plans for Navilawa including BLEG sampling over the newly acquire Navilawa tenement and deep drilling under the Tuvatu resource,” commented Dr. Quinton Hennigh, technical advisor to Lion One. “We are already seeing huge returns from this work. BLEG samples clearly show the alkaline gold system is much larger than previously thought and that we have a vast new area in which to develop drill targets. Our first deep diamond drill hole has encountered multiple lodes including a new style of potentially important high-grade mineralization at Tuvatu. We are off to a very good start, but we have lots more work to do unlock the considerable potential evident at Navilawa.”

LION ONE METALS

T: 604.998.1250
E: info@liononemetals.com